CLEVELAND, OHIO (April 20, 2020) – Mike Durkee, Owner of Proforma Durkee in Charlotte, North Carolina, a Proforma Affiliate is excited to announce the acquisition of a $2 million dollar promotional products distributor that is focused exclusively on the medical market. Durkee is a member of Proforma's $5 Million Dollar Club with 2019 sales of over $6 million.
"The Proforma Mergers & Acquisitions Team's generated the lead and helped with negotiations and documentation," said Durkee. "Proforma's leading, fully-integrated business management and eCommerce technology platforms were also a major factor. The seller aligned with our corporate vision and felt that with our go-to market strategies, he could earn more money and focus on what he enjoys most."
"This is a great win for Mike Durkee and Proforma's Mergers & Acquisitions Team," said Proforma Chief Executive Officer Vera Muzzillo. "Mike and his team can now expand into the medical market by providing unique products and solutions. We are very proud of Mike who grew from less than $500,000 in annual sales when he joined Proforma a few years ago to over $6 million last year."
With over 40 years of experience and nearly $500 million in sales, Proforma is the technology and business success leader in the printing and promotional products industry. Proforma's record breaking success includes having 25 of its Affiliate Owners named to Inc. Magazine's 2019 list of the 5,000 fastest-growing companies. In 2019, Proforma celebrated 193 Affiliate Owners achieving its annual Million Dollar Club with sales ranging from $1 million to $40 million. The Proforma Million Dollar Club is the largest collection of million dollar and multi-million dollar Affiliate Owners in the industry